Asia Premium Widens, With Demand for Spot LNG Hot All Over

摘要

The premium on East Asian over Southwest European spot LNG prices widened over the last week for spot cargoes for delivery four to eight weeks out, as WGI's Northeast Asia assessment rose 400 from last week to $8.80 per million Btu, while the Southwest Europe price rose 300 over the week to $6.95. The two markets may continue chasing each other up in the days ahead, as buying interest is reportedly high in both regions.